Which broker are you using?I averaged down on my airline calls yesterday and they're ripping today.
Going to hedge them on the way up.
Interactive brokers. Just no competition.Which broker are you using?
how do you average down? how many stocks do you have to buy to bring your stock price average down?I averaged down on my airline calls yesterday and they're ripping today.
Going to hedge them on the way up.
Say you buy 100 shares of XXX at a cost basis of $10 per share ($1000 total). The next day XXX drops to $5 a share, so you buy another 100 shares. The cost basis is now down to $7.5 a share. Repeat if it keeps dropping. It will eventually come back up. If XXX goes back up to $10, you sell the 200 shares, getting a profit of $200*(2.5).how do you average down? how many stocks do you have to buy to bring your stock price average down?
lets say you have 10 shares at 10 dollars each stock price.
and the same share is now 5 dollars each.
how many shares do you have to buy to bring your 10 shares at 10 dollars each down to say 8 dollars each?
Keep dreaming that’s not a plan I would suggest you listen too.Say you buy 100 shares of XXX at a cost basis of $10 per share ($1000 total). The next day XXX drops to $5 a share, so you buy another 100 shares. The cost basis is now down to $7.5 a share. Repeat if it keeps dropping. It will eventually come back up. If XXX goes back up to $10, you sell the 200 shares, getting a profit of $200*(2.5).
You may buy and sell the same stock as often as you like.okay guys.
speaking of getting rich.
how do you avoid the wash sale rule when buying trading selling stocks?
some guy told me that everytime you buy and sell a stock. make sure first that you made a gain and not a loss. and then make sure you stay away from buying or selling that same stock company for 30 days so that the wash sale rule expires on that stock company
is he right?
how do you avoid getting slapped with a wash sale rule?
is it true when you sell a particular stock that you cant buy or sell it again for 30 days?
a girl told me that as long as you make a gain. the wash sale rule doesnt apply. is she right?
so confusing.
So how do you avoid the ones that are going to go bankrupt?hahah I'm doubling down on airlines.
They won't. Trump won't let them.So how do you avoid the ones that are going to go bankrupt?